DIRECTOR SHAREHOLDING

GLOBAL ENERGY DEVELOPMENT PLC

(the "Company")

DIRECTOR SHAREHOLDING

Global Energy Development PLC, the Latin American focused petroleum production and development company (AIM: GED) with operations in Colombia, was notified on 16 November 2012 that on the same day, Stephen C. Voss, a director of the Company, purchased 33,000 ordinary shares of 1p each in the Company at 90.76p per share.

Following this purchase, Mr. Voss has a beneficial interest in 155,568 ordinary shares of 1p each in the Company representing 0.43% of the issued share capital of the Company.

For further information please contact:

Global Energy Development PLC

Buchanan (Financial PR)

Lauren Kettle

Westhouse Securities +44 (0) 20 7601 6100

Petre Norton

Andrew Matharu